The Ensign Group Reports First Quarter 2026 Results

The Ensign Group, Inc. reported its financial results for the first quarter ended March 31, 2026. GAAP diluted earnings per share were $1.67, a 21.9% increase year-over-year, and adjusted diluted earnings per share were $1.85, a 21.7% increase. GAAP net income rose by 24.2% to $99.7 million, while adjusted net income increased by 23.9% to $110.2 million. Occupancy rates for same and transitioning facilities saw significant improvement. Total revenue reached $1.39 billion, up 18.4% year-over-year. The company raised its 2026 annual earnings guidance to $7.48-$7.62 per diluted share and revenue guidance to $5.81-$5.86 billion. Ensign also announced the acquisition of 22 new operations, including 21 real estate assets. Liquidity remains strong with $539.5 million in cash and $591.6 million in available credit. The company continued its growth strategy through acquisitions and maintained its quarterly cash dividend.